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ioda
3 years ago
6

A store pays $10 for a blanket, and the markup is 115%. A customer will also pay a 5 1/2% sales tax. What will be the total cost

of the bracelet to the nearest cent?
Mathematics
1 answer:
Naddik [55]3 years ago
8 0
Firstly, we need to find the price of the blanket/bracelet after the 115% increase.
     $10 x 1.15 = $15.20

Now for the 5.5% sales tax, which is applied the the new value of $15.20
     $15.20 x 0.055 = 0.83
     $15.20 + $0.83 = $16.03

The final cost for the blanket/bracelet is %16.03
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